Increasing milk production

More and more companies are investing into organic milk as demand for organic products rise. – Photo nld.com.vnViet Nam News HCM CITY – More and more companies are launching organic milk brands as demand for the product rises. After Vinamilk and TH Milk Joint Stock Company, the pioneers, Dutch company FrieslandCampina began to import organic milk for distributing here. Yet suppliers are struggling to keep up with demand. Mai Kiều Liên, general director of Vinamilk said the company’s organic dairy farm with 500 cows in Đà Lạt is not enough to meet the demand and it is working on increasing the number of farms in Đà Lạt and Thanh Hoá. TH Milk Joint Stock Company also aims to increase the number of head of cows producing organic milk. The company said that the due to the high costs of production and processing, its organic milk products are still relatively expensive, but the growing scale could drive prices down in … [Read more...] about Organic milk market growing

Subsequently, farmers have not increased their cow herd for fearing loss. As per a report of People's Committee in Cu Chi outlying district, in June, some 4,699 farms of milk cow with 66,422 oxen. Of which, the number of cows is 29,421; of which 20,484 each produce 16.5 kilogram of milk a day. Therefore , the district yields total 338 tons of milk daily. According to the survey of People's Committee on milk prices, farmers earn VND14,000 a kilogram if milk meet all criteria but the milk is sold at VND7,000 if somatic cell fails to meet and company will stop buying the milk of that farm in two weeks. Worse, company will terminate the contract with that farm if it continues failing the criteria. In reality, average milk price is at VND12,000 because milk doesn't meet criteria; just a few farmers make VND14,000 ( $0.6) a kilogram. Present price of milk is same last year while animal feed and other cost have leaped, forcing farmers not to raise more. Many of them raise beef cow or … [Read more...] about Milk cow farmers moan because they earn no profit with unchanged price

Aiming to raise ownership in Vinamilk, Singapore-based F&N Dairy Investment has been repeatedly registering to buy over 14 million shares. This is the 15th time the investor has professed to its ambition of raising ownership in Vinamilk. The 15th time F&N seems adamant in its pursuit of Vinamilk Accordingly, F&N Dairy Investment has just registered to buy over 14.51 million Vinamilk (code: VNM) shares, equaling 1 per cent of VNM’s charter capital, on the Ho Chi Minh City Stock Exchange (HSX) from June 6 to July 5. On June 4, VNM closed at VND175,000 ($7.7). If the transaction is successful, the investor will spend VND2.54 trillion on 1 per cent of Vinamilk’s charter capital, raising its ownership rate from 17.31 to 18.31 per cent. Previously, in May 2-31, F&N Dairy Investment also registered to buy more than 14.51 million shares, but at the end only bought 130,000 shares, citing “inappropriate market conditions.” According to HSX, since … [Read more...] about F&N hands in 15th registration to increase Vinamilk holding

The Food & Hotel Asia 2018 exhibition and fair in Singapore has been concluded with bumper crops in trade promotion for 14 Vietnamese enterprises, including TH Group, the Vietnamese leader in fresh milk. The 40th edition of the prestigious annual Food and Hotel Asia exhibition and fair has attracted the participation of many big retailers and supermarket chains from around the world. The fair featured the biggest names and participation in itself was an accolade as enterprises must meet stringent conditions with their showcased products meeting international standards. TH Group, with its TH true MILK-branded products, has met all conditions to participate at the event. Why TH true MILK? TH Group’s booth showcased its highest quality products This was the first time that TH Group has participated in this fair, with its milk products astonishing international visitors with their natural ingredients produced by the group itself right in Vietnam. The showcased products … [Read more...] about TH true MILK making a splash in the international market

Organic dairy products from Viet Nam’s TH Group have received great attention from foreign customers at the Food and Hotel Asia (FHA) 2018 exhibition held in Singapore from April 24-27. The fair – the largest of its kind in the food and hospitality industry in Asia – attracted the participation of more than 4,000 exhibitors from 70 countries and territories throughout the world. It showcased the latest trends in food consumption, in which healthy foods were considered the highlight of many booths, and the pavilion of TH Group was no exception. On display at its booth, TH Group introduced many premium products to both Singaporean and international customers, including TH true MILK Organic, TH True NUT, which comprise macadamia nut milk and walnut milk, and TH True Herbal, manufactured entirely from organic herbs from its own green farms. As the only Vietnamese dairy firm participating in the fair, TH Group demonstrated a new milestone in the process of delivering … [Read more...] about Vietnamese dairy products in spotlight at Asia’s biggest food, hospitality show in Singapore